Number of rooms: 160 spacious rooms with 50 world-class luxury whole-ownership for sale residential units.

Food & Beverage: 4 outlets (fine dining/international, Kazak, Asian, lounge/bars).

Meeting space: large meeting, banquet and conference facilities.

Other services: large full-service spa, fitness center, swimming pool, boutique shopping outlet, indoor parking, kid’s club, business centre.

Back of the house facilities: engineering, dry & cold storage, dock, kitchens.

Opening year: Project on hold.

 

Some Key Highlights, Strategy & Improvements in addition to full Asset Management duties

This assignment took place in 2014 and focused on three areas:

  • Full review, and analysis of the proposed operator business terms and conditions. The aim was to get maximum beneficial terms as possible.
  • Negotiations with operator of the proposed business terms and conditions in order to sign a Letter of Intent that will be followed by the contracts/agreements.
  • Analysis of the operator projections to review shortfall and working capital requirements. The drafting and final agreement documents was worked on in conjunction with owner’s legal teams.
  • Reviewed architectural plan and ensure that the various layouts are well defined and sustainable.